As you can see, the FU virus continues to spread. The Doctor of Alstrynomics warned you. While the economists are still treating the symptom, Alstrynomics is dealing with the problem.....SUFFOCATING DEBT spreading the FU virus.

58 additional Department Store vacancies in CA and a few Western States....imagine how those landlords feel???? What about the smaller retailers that depended on the anchor traffic??? What about the employees and tax revenues?????

Now the virus is spreading at unprecedented rates around the world. Few are willing to even deal with the FU epidemic. Alstrynomics knows until we restructure.....further destruction is inevitable.

Under the current trend, what ever your house is worth today, cut it in half and that is what it will likely be worth in the next two years.

Debt is suffocating the economy. The Doctor of Alstrynomics has warned you about this while so called experts are trying to loan out more?????? Fewer and fewer able to spend, more and more businesses shutting down, more and more people unemployed. It is not too difficult to see.

Alstry is a simple guy....until we start dealing with the epidemic of suffocating debt, housing prices will fall at least another 50% and U6 unemployment will likely reach 50%. Hmmmmmmm.

Oh well.............it is not the end of the world.....PREPARE....don't Fear.

Since I missed out on subscribing to your newsletter back in 2008, I am sorry if I am asking you to repeat something you have already stated. How about a Top 10 list of things to do to prepare, maybe in order of importance? If you think housing is going to drop by anoterh 50%, do you think selling, and then renting is the answer? Just curious.

I am selling my home this year and will rent until the bottom comes. All asset prices are crushed in a deflation. Unless you are an experienced trader then cash is king despite the inflation fear mongering out there. Short term T-Bills for safety. Some gold and silver.

Taxes and interest rates will increase in the future. Position yourself thusly.

If you need cash in next 5 years you may want to get out of IRA or 401k. Better to take tax at lower rates. Also, Gov might seize them when things really bad.

There will probably be a multi - month bear rally that will return the optimism, but don't fall for it. Another wave of deflation will hit until the bubble is fully worked out. 2009 is the last year to get out of any assets including a home at these prices in our lifetimes.

I am selling my home this year and will rent until the bottom comes. All asset prices are crushed in a deflation. Unless you are an experienced trader then cash is king despite the inflation fear mongering out there. Short term T-Bills for safety. Some gold and silver.

Taxes and interest rates will increase in the future. Position yourself thusly.

If you need cash in next 5 years you may want to get out of IRA or 401k. Better to take tax at lower rates. Also, Gov might seize them when things really bad.

There will probably be a multi - month bear rally that will return the optimism, but don't fall for it. Another wave of deflation will hit until the bubble is fully worked out. 2009 is the last year to get out of any assets including a home at these prices in our lifetimes.